Why is Airo Lam falling/rising?

As of 20-Aug, Airo Lam Ltd's stock price is currently at 108.29, reflecting a slight decrease of 0.05, or 0.05%. The stock's performance today is in line with its sector, although it is trading below its 20-day, 50-day, and 200-day moving averages, while remaining above the 5-day and 100-day moving averages. Notably, the stock has experienced a significant decline over the past month, with a return of -7.81%, and a year-to-date return of -16.13%. The company has also seen a drop in investor participation, with delivery volume falling by 39.75% compared to the 5-day average. While the stock is trading at a discount compared to its peers, it has faced challenges, including a 71.5% decline in profits over the past year and a weak long-term fundamental strength indicated by a -27.46% CAGR growth in operating profits over the last five years.
In the broader market context, Airo Lam Ltd has underperformed compared to the benchmark, with a one-year return of -18.87% against the BSE500's -1.20%. This stark contrast highlights the stock's struggles relative to the market, particularly given its high Debt to EBITDA ratio of 2.66 times, which suggests a low ability to service debt. Despite its attractive valuation metrics, the company's weak profitability, as evidenced by a low average Return on Equity of 8.02%, and negative results in recent quarters, contribute to a bearish outlook among investors. Overall, these factors indicate that Airo Lam Ltd's stock price is facing downward pressure amidst a challenging financial landscape.